In past generations, family members, fiduciaries and other individuals often had to scour through safe-deposit boxes, desks and boxes to gather documents and photos left behind by a loved one. As our culture continues to move further away from paper toward a paperless society, more and more assets and memories are stored in the cloud. Our digital lifestyle has made it vital for individuals to address digital assets in estate planning documents, such as a will and powers of attorney.
Michigan Law Allows You To Define Access To Your Digital Afterlife
Many digital accounts hold assets that may be sentimental in nature, or financially important. In this digital age, Michigan law provides authority under the Fiduciary Access to Digital Assets Act (FADAA). Estate planning attorney Howard H. Collens recently appeared on WXYZ-TV in Detroit to discuss how individuals can address their digital legacies should they become incapacitated or pass away.